1581 College View Drive, Monterey Park, CA 91754

Monterey Park
Local realty services provided by:ERA Excel Realty
1581 College View Drive,Monterey Park, CA 91754
$1,570,000
  • 10 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: tim steuernol
Office: nai capital commercial inc.
MLS#:25602295
Source:CRMLS

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Price summary

  • Price:$1,570,000

About this home

Located at 1581 College View Drive in Monterey Park, CA, this well maintained 5-unit multifamily building was constructed in 1960, spans4,306 square feet, and sits on an 8,238-square-foot lot zoned MPR3YY.The property offers a desirable unit mix of (5) 2-bedroom, 1-bath units. Each unit is individually metered for gas and electricity, while water and sewer are master-metered. On-site amenities include a laundry facility, providing added convenience for tenants. Electrical at the property was recently updated and it is set up to add charging stations for electric vehicles. Additionally, the roof was just replaced. Plumbing has been updated to copper over time throughout most of the building. The property offers 5 tuck-under parking spaces. This apartment building presents a solid investment opportunity with stable income with approximately 20%upside in rents, in a sought-after Monterey Park location near schools, shopping, and major transportation routes. The property is subject to

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Home facts

  • Year built:1960
  • Listing ID #:25602295
  • Added:151 day(s) ago
  • Updated:March 07, 2026 at 07:24 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Bitumen
  • Year built:1960
  • Exterior Features:Deck, Porch
  • Levels:2 Story

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,570,000

Features and amenities

  • Laundry features:Common Area
Based on information from California Regional Multiple Listing Service, Inc. as of March 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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